Rama Phosphates Limited approved Appointment of Mr. Ratneshwar Prasad as Non-Executive Independent Director of the Company with effect from May 30, 2024, for a period of two years. Appointment of Mr. Pushpangadan Mangari as Non-executive Independent Director of the Company with effect from May 30, 2024, for a period of one year. Appointment of Mr. Kishore Sukthanker as Non-executive Director of the Company with effect from May 30, 2024.

Mr. Prasad has 38 years of distinguished career in taxation, law, competition law and _ international taxation. Mr. Prasad had joined the Indian Revenue Service (IRS) - Income Tax in the year 1970 after clearing the Civil Services Examination in the year 1969 and in due course, he was promoted to the posts of Commissioner, Chief Commissioner and eventually, Chairman of Central Board of Direct Taxes (CBDT). During his service with the IRS he was involved in augmentation of revenue, policy planning, disposal of appeals, search and seizure operations etc.

and disposed off 10,000 tax appeals and he was involved in planning and execution of 200 groups searches. After retirement from the Income Tax Department as Chairman of Central Board of Direct Taxes in the year 2008, he joined the Competition Commission of India (CCl) as a founding member. Mr. Pushpangadan Mangari has worked as Managing Director/CEO for the three financial service organizations from the year 1996 till the year 2012.

These included positions of MD of OTCEI, an electronic Stock Exchange, MD of UTISEL, an investment banking /portfolio management (SEBI approved)/wealth management firm and CEO of L&T Capital, an infrastructure project consultant /management consultant, and a SEBI approved portfolio /fund management firm, owned fully by L&T. He has also worked as CFO of L&T General Insurance Company, post retirement, from the year 2012 till 2013. From the year 2014 till 2020, he has worked as Managing Director of Consultwin Solutions Private Limited, a consulting firm in Kerala. He joined Unit Trust of India as a Probationary Officer in 1980, and worked there in various Capacities in different departments like Equity Research, Investment, Accounts, Policy Planning, etc.

The last position held was that of General Manager, in charge of a corporate division in Head Office. He has also worked as a member of various policy making /recommending Committees of Government of India (Capital market related), SEBI (Securities Exchange Board of India), FICCI (Federation of Indian Chamber of Commerce and Industry) and BCCI (Bombay Chamber of Commerce and Industry) on capital market related (policy/regulation /development) matters. Mr. Kishore Sukthanker is having 48 years of varied experience in fertilizer and chemical industry for handling operations, maintenance, projects and development work of fertilizer and chemical manufacturing plant by ensuring efficiency, quality and safety standards.

He has also managed and executed multiple projects, such as plant expansions, process improvements, quality enhancements, and cost reductions, delivering value and innovation during his tenure with the fertilizer and chemical sector. He was elected member of executive committee of Gujarat Chamber of commerce & Industries. He also represented on District Safety Committee, Amreli.